other material
confidence high
sentiment neutral
materiality 0.50
TTD grants CEO Jeff Green performance options on up to 7M shares at $14.97 strike
Trade Desk, Inc.
- Grant approved Sep 14, 2026; exercise price $14.97, option term 10 years.
- Seven tranches vest on 20-day average closing prices: $18/$30/$45 (1.2M each), $60 (1M), $75/$90/$105 (800k each).
- Vesting requires continued CEO service or Board-determined service; Change in Control triggers vesting with linear interpolation.
- Qualifying termination extends vesting 9 months; clawback applies if restatement follows gross misconduct.